Ggtoor Inc (OTCMKTS:GTOR) Stock Attempts To Rebound After Last Week Slump
Ggtoor Inc (OTCMKTS:GTOR) stock is rebounding this morning after falling about 60% last week. Will the rally continue?
Market Action
As of 10:54, GTOR stock is trading higher by 10% at $0.0378. More than 3.72 million shares have exchanged hands, compared to its average volume of 4.55 million shares. The stock opened at $0.0350 and moved in a range of $0.0328 – 0.0395.
GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended October 2, 2021
Ggtoor Inc announced this week GGToor had a combined total of over 5,000 registrations for our events in the month of September, marking the second month in a row we exceeded this goal. Drawing these kinds of numbers each month positions GGToor in a great place, enabling us to demonstrate real value to new advertisers and sponsors.
As we mentioned in our prior reports, we expanded our horizons in September, becoming involved with an in-person event for the first time; working with the Gaming Department of the NecronomiCon in Tampa FL, we had a constant presence over the 3-day convention. While we were excited to add this additional mode to our overall methods of operation, we made sure this expansion did not affect our core business of online tournaments; September marks the first month in the Company’s history where we crowned winners in at least three different games/online tournaments every weekend over the entire month!
Overall, the third quarter drew over 15,000 total registrations in the last 3 months, representing an increase of 143% compared to the second quarter, and our Discord continues to grow, adding over 650 more net members this month. Our email database now boasts over 15,000 unique players as well. We are excited with how much we have accomplished so far, and believe the best is yet to come!
As GGToor grows into an eSports powerhouse we will owe all the upcoming success to the gamers that come back week after week to our platform. eSports is also unique in that a player’s success is independent of how tall, strong, thin, or fast they are. Though there is certainly valuable insight linking good physical health to enhanced gamer performance, ultimately is up to the player’s skillset. We are proud that we are providing the gateway for those players to get to the professional level. If you are a stockholder in our company, we want to thank you for hanging in there.
Trader Notes:
GTOR stock has underperformed recently with a fall of over 23% in the past 6-month. On the technical basis, the stock is trading below its 50-day and 200-Day SMA stand at $0.0398 and $0.0481 respectively. Moreover, RSI at 46 signals that the stock is trading near the neutral zone.